574
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 06 Oct 2023
574 points (97.4% liked)
Technology
59415 readers
1527 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Speaking of the relative cost of housing, you can buy an actual whole house in other parts of the USA for that much a month. That could be a 30-year mortgage payment on a 100k house.
In San Francisco/Bay Area that doesn’t even cover a parking space per month.
In the US, the average home price sold was $495k. Where can you find a $100k house that doesn’t need a tear down or complete renovation?
source
In the rural parts of the USA they are all over the place. Here is a 5-bedroom house for $95k in Illinois: https://www.zillow.com/homedetails/417-W-Illinois-St-Steeleville-IL-62288/119741473_zpid/
My first house was a 3 bedroom, 2 bath in rural Texas for 5k more than that. That was 14 years ago. I just looked it up and it's currently $130k. It was built in the 90s, is brick, and still looks pretty good.
So… your solution is to buy a house hundreds of miles away from their job?
Nope, I simply answered their question: "In the US, the average home price sold was $495k. Where can you find a $100k house that doesn’t need a tear down or complete renovation?"
My guy that is a 1900 built House. That is an immediate teardown on purchase.
What? Just because a house is old, doesn’t mean it isn’t still habitable. If a house that old is still standing and in good condition chances are it’s built better than new builds. And by the pictures, previous owners have taken a lot of care in it and upgraded it. Sure, the cosmetics may need to change depending on your preferences, but there is nothing wrong with that house structurally.
I really like how confidently you are wrong.
Did you look at it? That is not a tear down.